Boyle Dana 4

What Happened

• Dana Boyle, Chief Accounting Officer of Liquidia Corporation (LQDA), sold 1,576 shares on 2026-04-27 at $37.78 per share, for total proceeds of $59,541. The transaction is a sale (transaction code S) and appears to be a routine disposition rather than a purchase signal.

Key Details

• Transaction date and price: April 27, 2026 — 1,576 shares at $37.78 each (total $59,541).
• Plan/reason: Executed pursuant to a Rule 10b5-1 trading plan adopted December 15, 2023 (F1); shares sold to cover taxes from RSU settlement (F2).
• Holdings reported/notes: Filing lists multiple unvested RSU grants (details in F3) and 3,964 shares from the 2020 Employee Stock Purchase Plan; the filing does not state a single consolidated number of vested shares held after this sale.
• Timeliness: Form 4 filed April 29, 2026 for a 4/27/2026 transaction — filed within the usual two-business-day window (timely).

Context

• Sales to cover tax withholding on RSU settlements are common and typically administrative in nature; they do not necessarily indicate a change in the insider’s view of the company. This was not an options exercise or a gift — it was a sale executed under a pre-existing 10b5-1 plan.